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2016-11-30 08:46:49

BIDU

Baidu

$169.18

2.18 (1.31%)

08:46

11/30/16

11/30

08:46

11/30/16

08:46

Baidu expanding its maps service to 106 new countries, TechCrunch reports

In an effort to tap into China's global travel growth, Baidu is expanding its maps service, which counts 348M active users, to 106 new countries, according to TechCrunch. The global push will double Baidu Maps' reach to 209 "countries and regions" across Asia Pacific, Africa, North and South America, claiming 120 points of interest among those locations, the publication noted. Reference Link

30

Nov

BIDUBaidu

$169.18

2.18 (1.31%)

10/28/16

FBCO

10/28/16DOWNGRADEFBCONeutral

Baidu downgraded to Neutral from Outperform at Credit Suisse

10/28/16

PIPR

10/28/16NO CHANGETarget $190PIPROverweight

Baidu price target raised to $190 from $180 at Piper Jaffray

Piper Jaffray analyst Gene Munster raised his price target for Baidu to $190 following the company's Q3 results. The quarter and outlook show the continued impact from quality adjustments, but Q4 should mark the bottom, Munster tells investors in a post-earnings research note. He remains a long-term believer in Baidu and keeps an Overweight rating on the shares.

10/28/16

MACQ

10/28/16DOWNGRADEMACQNeutral

Baidu downgraded to Neutral from Outperform at Macquarie

10/31/16

OPCO

10/31/16NO CHANGETarget $200OPCOOutperform

Baidu price target raised to $200 from $188 at Oppenheimer

Oppenheimer analyst Jason Helfstein raised his price target for Baidu to $200 from $188 following better Q3 results on margins and management comments suggesting an end to the new compliance process. The analyst remains optimistic on Baidu's long-term competitive position and reiterates an Outperform rating on the shares.